Asia'.s fourth-largest economy brought in 12.68 million tons of crude oil in March this year.
Read More »EIA: Increase in OPEC Oil Supply
EIA’s forecast for 2018. in contrast. increased compared to the previous outlook. when it was at 40.2 million barrels per day.
Read More »OPEC Oil Price Rises on Apr. 10
The price of OPEC basket of 13 crudes stood at $53.13 a barrel on Apr. 10 compared to $52.91 on Apr. 7.
Read More »OPEC Basket Down in Price
Oil prices are rising on April 7.
Read More »NIDC Expanding Oil. Gas Drilling
NIDC has 75 drilling rigs. 68 of which are being used in the joint oilfields. namely South Azadegan.
Read More »Is Extending OPEC Cuts a Done Deal?
Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.
Read More »Saudi Arabia Likely to Cut May Crude Prices to Asia on Weak Demand
Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.
Read More »Proper Implementation of Nuclear Deal Best Option for US
Saudi Arabia should know that terrorism threats also this country.
Read More »Saudis Prefer $60 Oil in 2017
OPEC officials have repeatedly said the group does not target a specific oil price.
Read More »Iran Regaining OPEC’s Market Share
Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.
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